Bloomberg Philanthropies

Name

Bloomberg Philanthropies

Legal name

Bloomberg IP Holdings LLC

Website

https://bloomberg.org

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Philanthropy and Grantmaking Services

NAICS

Grantmaking Foundations (813211), Grantmaking and Giving Services (81321), Voluntary Health Organizations (813212)

SIC

Services-Social Services (8300)

akta.pro primary industry

Private Foundations (BPAGAKAA)

akta.pro secondary industries

International Grantmaking & Development Foundations (BPAGAKAH), Environmental & Climate Grantmaking Foundations (BPAGAKAM), Health & Medical Research Grantmaking Foundations (BPAGAKAL)

Keywords

• Philanthropy grantmaking
• Public health programs
• Arts education funding
• Clean energy initiatives
• City government innovation

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Others, Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Bloomberg L.P. Profits: Mike Bloomberg has committed the vast majority of profits from Bloomberg L.P., the global financial technology, data, and media company founded in 1981, to support Bloomberg Philanthropies' work. This is the primary funding source for all philanthropic activities.
2. Founding Donor Contributions: Mike Bloomberg's personal giving constitutes the overwhelming majority of Bloomberg Philanthropies' funding. Lifetime contributions total $25.4 billion as of 2025, with $4.3 billion distributed in 2025 alone.

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Core offering

Bloomberg Philanthropies is a private philanthropy organization that deploys grants, technical assistance, and partnerships across five program areas: Arts, Education, Environment, Government Innovation, and Public Health. The vast majority of its funding comes from the profits of Bloomberg L.P. and Michael R. Bloomberg's personal contributions. It invests $4.3 billion annually across 700 cities and 150 countries, supporting cities, governments, NGOs, and institutions through direct grants, invitation-only competitions, leadership training, and targeted initiatives such as tobacco control, road safety, ocean protection, and city data analytics.

Product overview

Bloomberg Philanthropies is a philanthropy organization that does not offer a unified technology product but rather operates a portfolio of grant programs and initiatives focused on arts, education, environment, government innovation, and public health. Key technology-enabled products and programs include: Bloomberg Connects (a free mobile app providing digital guides to cultural institutions), the City Data Alliance (helping cities use data and AI for decision-making), Breathe Cities (air quality monitoring using sensors), Methane Alert and Response System (satellite-based methane detection), and the Mayors Challenge (city innovation competition). The organization also runs leadership training programs for mayors, public art initiatives, and various health programs including the Vision Initiative and Data for Health Initiative. These programs are funded initiatives rather than commercial products, delivered through partnerships with governments, nonprofits, and academic institutions.

Differentiator

Problem solved

Functional benefit

Brands

• Bloomberg Connects: Free mobile app providing digital guides to museums, galleries, and cultural institutions
• Bloomberg Associates
• Beyond Carbon
• Beyond Petrochemicals
• Breathe Cities
• City Data Alliance
• Youth Climate Action Fund
• Greenwood Initiative
• Vision Initiative
• Data for Health
• Bloomberg Ocean Initiative
• Bloomberg Harvard City Leadership Initiative
• Mayors Challenge
• Public Art Challenge
• Asphalt Art Initiative
• Arts Innovation and Management (AIM)
• Digital Accelerator Program
• Bloomberg Arts Internship
• American Talent Initiative
• Summer Boost
• Partnership for Healthy Cities
• Lead Poisoning Prevention Initiative

Products and services

• Bloomberg Connects A free mobile app providing digital guides and content from more than 1,400 museums, galleries, botanical gardens, and cultural institutions globally, available in 57 languages, intended for cultural audiences, cultural institutions, and visitors to participating venues.
• Mayors Challenge A global competition inviting cities to develop bold, innovative solutions to common urban challenges. Winners receive $1 million and technical assistance to implement and evaluate their ideas, with successful models spread to other cities globally.
• Bloomberg Associates A pro bono consultancy advising cities worldwide using proven best practices. Has helped secure $2.8 billion in city and private investments across 25 cities, collaborating on more than 1,000 projects.
• City Data Alliance A program launched in 2022 with Johns Hopkins University to help cities build skills for incorporating data-driven insights and AI into decision-making. Supports 80 cities from 12 countries with intensive support to test and scale responsible AI uses.
• Breathe Cities An initiative launched in 2023 to help cities create and implement solutions that cut emissions and improve public health. Provides dedicated support including nearly 1,200 air sensors to collect neighborhood-level pollution data, with cities committed to creating clean air zones by 2030.
• Bloomberg Harvard City Leadership Initiative Executive leadership training program for mayors, providing training to over 500 mayors and 3,650 senior leaders. Expanded to serve mayors in Israel, Africa, and Europe (Bloomberg LSE European City Leadership Initiative).
• Vision Initiative A $75 million initiative launched in May 2025 to provide 11 million vision screenings, 7 million pairs of eyeglasses, and restore sight for 250,000 people through cataract surgeries by 2027. Active in Bangladesh, Cambodia, Ethiopia, Kenya, Nigeria, and the United States.
• Bloomberg Philanthropies Initiative for Global Road Safety Program working with more than 30 cities globally to reduce road deaths. Has invested over $500 million since 2007, saved nearly 900,000 lives through 188 policies, redesigned intersections, and traffic police training across 22 countries, with new $350 million commitment announced in 2026.
• Bloomberg Ocean Initiative Partners with governments, nonprofits, scientists, and coastal communities to advance data-driven solutions for marine ecosystem protection. Has committed over $635 million to ocean conservation and works to protect coral reefs, advance sustainable fisheries, and strengthen transparency at sea.
• Beyond Carbon Campaign launched in 2019 to advance the transition toward clean energy alternatives in the United States. Has helped retire 390 of 530 U.S. coal plants, with initial $500 million committed in 2019 and additional $500 million committed in 2023.
• Methane Alert and Response System (MARS) A system launched in 2023 by UNEP backed by Bloomberg Philanthropies to detect and respond to methane leaks via satellite. Has issued over 5,000 alerts across 33 countries and aims to increase response rate to 80% by 2030 from current 13%.
• National Skilled Trades Initiative A $90 million first-of-its-kind program launched in 2026 to accelerate high school students into Registered Apprenticeships in skilled trades (electrical, plumbing, HVAC, welding, construction, auto tech) across 9 U.S. regions, targeting approximately 15,000 students with 2,000 advancing into Registered Apprenticeships.
• Public Art Challenge Competition bringing mayors and artists together to develop public art projects addressing local challenges. Has had 17 winning cities across three rounds of competition, with the latest 8 winning cities launching projects in 2025.
• Partnership for Healthy Cities A network launched in 2017 with over 70 city members to help cities enact proven policies that reduce noncommunicable diseases and injuries. Addresses six key health challenges: tobacco use, unhealthy diets, road safety, overdose prevention, data monitoring, and heat.
• Youth Climate Action Fund

Quantifiable outcome

• 35.2 million lives saved from tobacco use globally since 2007
• +6 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature3 records

Partnerships

14 partnerships are on record, tiered core, flagship and minor.

• Ford Motor CompanycoreStrategic or Co-development Partner · 8 June 2026Key co-investor in Detroit automotive technician program within $90 million National Skilled Trades Initiative. Ford faces shortage of ~5,000 technicians at dealerships nationwide. Program aims to graduate 300 auto mechanics over three years directly into Ford roles.
• Bloomberg Philanthropies Initiative for Global Road Safety (BIGRS)coreStrategic or Co-development Partner · 3 June 2026$350 million program working with 30+ cities globally to reduce road deaths. Nairobi joined in 2026, addressing approximately 560 annual road deaths with pedestrians accounting for 35-50% of fatalities.
• African Energy LeaderscoreStrategic or Co-development Partner · 1 June 2026$285 million initiative to strengthen clean energy industries in emerging and developing economies by investing in market design, regulatory capacity, and institutional infrastructure rather than financing projects directly. Targets countries responsible for nearly 70% of global power sector emissions.
• 9/11 Memorial and MuseumflagshipStrategic or Co-development Partner · 1 June 2026Mike Bloomberg serves as board chair; Bloomberg Philanthropies pledged to match $25 million in donations to Never Forget Fund for 25th anniversary. Museum aims to reach approximately 100 million Americans born after 9/11 attacks through new exhibits.
• Global Covenant of MayorscoreStrategic or Co-development Partner · 1 June 2026Bloomberg Philanthropies works closely with global city networks including C40 Cities and Global Covenant of Mayors to elevate city leadership, strengthen local climate action, and accelerate progress toward global climate goals.
• Johns Hopkins UniversitycoreStrategic or Co-development Partner · 28 April 2026Launched Mayors AI Forum, a global coalition of 10 city leaders focused on AI policy and deployment. Also co-develops City Data Alliance helping 80 cities from 12 countries build data-driven decision-making capabilities.
• Pasig City GovernmentflagshipStrategic or Co-development Partner · 24 February 2026Mayors Challenge winner receiving $1 million for 'Hope Floats' floating parks initiative transforming flood-prone Pasig River waterways into network of modular public parks totaling 700 square meters with resident-led Parks Governance Council.
• Just Energy Transition Community (Philanthropy Asia Alliance)minorStrategic or Co-development Partner · 1 November 2025Bloomberg Philanthropies co-founded JETC with Tara Climate Foundation, committing US$2.6 million for clean energy and cooling projects in South-east Asia including Mindanao (renewable energy for farming cooperatives) and Maluku (clean cold-chain for fishing communities).
• City Data Alliance Members (80 cities)coreStrategic or Co-development Partner · 5 August 2025Six additional U.S. cities (Austin, Boston, Dallas, Denver, Kansas City, Newport News) joined City Data Alliance, increasing to 80 cities from 12 countries. Program provides technical assistance, strategy sharing, and modernization using data analytics, digital tools, and AI.
• World Bank Global Road Safety FacilityminorStrategic or Co-development Partner · 1 March 2025World Bank's GRSF with Bloomberg Philanthropies funding helps cities across Latin America digitize road traffic regulations and create open spatial databases of speed limits to support Intelligent Speed Assistance technology.
• UNFCCC (UN Climate Body)coreStrategic or Co-development Partner · 23 January 2025Bloomberg committed to fund UNFCCC secretariat after US withdrawal from Paris Agreement, covering the gap left by absent US contributions (typically 22% of UNFCCC budget). Second time Bloomberg has stepped in to fill US funding void.
• UNEP (United Nations Environment Programme)coreStrategic or Co-development Partner · 1 March 2023Bloomberg Philanthropies backs UNEP's Methane Alert and Response System (MARS), supporting satellite detection of methane leaks and helping countries investigate and fix major leaks. System has issued 5,000+ alerts across 33 countries since 2023 launch. Goal to increase response rate from 13% to 80% by 2030.
• C40 Cities and Clean Air FundcoreStrategic or Co-development Partner · 1 January 2023$45 million Breathe Cities initiative partnership to improve air quality and protect public health. Original 14 cities have introduced 26 local clean air policies and reduced nitrogen dioxide pollution by 14% since 2019. Addis Ababa and Madrid joined in 2026, expanding to 16 cities.
• WHO (World Health Organization)coreStrategic or Co-development Partner · 1 January 2014Longstanding partnership since 2014 supporting drowning prevention, tobacco control, and public health initiatives. Bloomberg Philanthropies supported WHO's PROTECT technical package for drowning prevention launched July 2026 in Ghana. Also supports WHO's Global Road Safety and tobacco cessation programs.

Scale indicators15 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Bill & Melinda Gates Foundation: The world's largest private foundation, similarly focused on global health, education, and climate, with multi-billion dollar annual deployment. Direct co-founding partner with Bloomberg Philanthropies on the Abu Dhabi polio eradication pledge ($1.9B).
• Ford Foundation: Major U.S.-based private foundation with global programs in inequality reduction, governance, and civic engagement. Operates similar scale of multi-year, multi-region grantmaking.
• Rockefeller Foundation: Historic private foundation focused on health, food security, and climate. Comparable in deploying hundreds of millions annually through city-level and global health programs.
• Open Society Foundations: Major private grantmaking foundation funding human rights, governance, and public health globally. Operates with similar model of founder-driven capital and international reach.
• Wellcome Trust: Large UK-based charitable foundation funding global health and scientific research. Directly comparable in scale of grantmaking and focus areas including tobacco control, climate, and infectious disease.
• Robert Wood Johnson Foundation: U.S. health-focused philanthropy with comparable programmatic emphasis on public health, tobacco cessation, and health equity. Overlaps on data-driven health policy and city-level interventions.
• Hewlett Foundation: Major U.S. private foundation funding climate, education, and global development. Comparable in deploying capital through partner organizations and grant competitions.
• MacArthur Foundation: Large U.S. private foundation with programs in climate solutions, education, and journalism. Operates similar grantmaking model with global programs.
• Chan Zuckerberg Initiative: Founder-led philanthropy funded by Meta/Facebook wealth, focused on education, science, and community. Comparable in technology-enabled program design and founder-driven strategy.
• Carnegie Corporation of New York: Major U.S. private foundation focused on education, democracy, and international peace. Comparable in scale and city/governance focus areas.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/bloombergdotorg
• YouTubeyoutube.com/bloombergdotorg
• Facebookfacebook.com/bloombergdotorg
• LinkedInlinkedin.com/company/bloomberg-philanthropies
• Instagraminstagram.com/bloombergdotorg

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments44 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bloomberg Philanthropies